XAUUSD, H4
![XAUUSDH4.png](https://eu-images.contentstack.com/v3/assets/blt73dfd92ee49f59a6/blt4b2d021747abf2a1/6673fb77c70998cca6500edb/XAUUSDH4.png)
On the H4, XAUUSD reached a downtrend line after a short-term rise. The price is approaching the critical resistance area and MA200, which also acts as resistance. In this case, two scenarios are possible.
- If Gold breaks the resistance of 2350, the trend line and MA200, a bullish trend will start up to 2385;
- Otherwise, a rebound will drop XAUUSD back to 2310 support;